Fri May 27, 2022 07:32:12
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President at the session of Cabinet's Economic Coordination Board:

Backing stock exchange a gov't permanent policy/ People's trusted investment in capital market should be done by training, making the necessary arrangements/ Backing purposeful management of the capital market by the Stock Exchange Council

The 220th meeting of the Cabinet's Economic Coordination Board was held on Sunday under the chairmanship of the president, during which a report on the situation and conditions of the stock exchange was presented by the head of the country's Stock Exchange Organisation and the proposed solutions for stability and prosperity, creating calm and balance in the market were discussed.

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Sun 25 - April 2021 - 23:35

Referring to the role of the political environment in the performance of the capital market, Dr Hassan Rouhani said, "As the positive horizon in the country's production environment and the lift of sanctions affect the investors' calculations and encourages them to increase demand in the market and invest in the country's production units, creating concerns about market access and the export potential of enterprises also has a negative effect on the market".

Emphasising the government's full support for the capital market as a principled and permanent policy, the President added, "Along with training and making the necessary arrangements, there should be grounds for presence in the capital market with people's trust".

The President also said, "Everyone should support the purposeful management of the capital market by the Stock Exchange Council, and the council should welcome the proposals of capital market activists and new initiatives to stabilise and create prosperity in the market".


news id: 120937

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